City Profile – Minsk; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.

Minsk city is the capital of the Republic of Belarus, situated on the banks of Svisloch and Nyamiha rivers. The city also serves as the administrative center of Commonwealth of Independent States (CIS) and holds special administrative status in Belarus. The city accounts for more than 28% of the Belarus’s total GDP. Rapid growth in the industry and tertiary sectors and improvements in professional / business services and real estate are expected to be major drivers of growth.


“City Profile – Minsk” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Minsk. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.


– The service sector remains the key contributor to the regional economy – and the major employer, with contribution of more than 69% of the total GVA.

– Minsk witnessed a strong performance in the construction sector with increasing number of investment projects.

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

- Analyze and understand the business environment in the city to align your investment and expansion strategies.

- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

Table of Contents

City Snapshot 2

PEST Analysis 6

Political 6

Economic 7

Social 16

Technology and Infrastructure 21

Communications 21

Internal Transport Networks 21

Connectivity 22

Airports 23

Business Environment Analysis 24

Travel and Tourism 25

Tourism Flows 25

Hotels 26

Attractions 26

Events 27

Construction and Real Estate 28

Investment 28

Real Estate Market 28

Retail 29

Retail Market 29

Consumption, income and prices 29

Appendix 30

Sources 30

Further Reading 30

Ask the Analyst 30

About MarketLine 30

Disclaimer 30

List of Tables

List of Tables

Table 1: Minsk city -key facts, 2017 (estimates) 2

Table 2: Minsk city -real GDP growth, 2000-25 9

Table 3: Minsk city -real GDP growth comparison (Index 2010=100), 2000-25 11

Table 4: Minsk city-GDP per capita comparison (2000-25) (US$) 13

Table 5: Minsk city-employment structure (2000-25) (% of total) 15

Table 6: Minsk city -population comparison, 2000-25 (million) 18

Table 7: Minsk city -population by age, 2000-25 (% of total) 20

Table 8: Minsk city -key airport indicators 23

Table 9: Minsk city – office rents, H1 2017 24

Table 10: Belarus -international country of arrivals to the country( tourist excluding CIS countries) 25

Table 11: Minsk city – UNESCO World heritage sites 26

Table 12: Minsk city – MICE and Other Events 27

List of Figures

List of Figures

Figure 1: Minsk city -real GDP growth, 2000-25 8

Figure 2: Minsk city – real GDP growth comparison (Index 2010=100), 2000-25 10

Figure 3: Minsk city-GDP per capita comparison (2000-25) 12

Figure 4: Minsk city -employment structure (2000-25) (% of total) 14

Figure 5: Minsk city -population comparison, 2000-25 (million) 17

Figure 6: Minsk city -population by age, 2000-25 (% of total) 19


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